Tag: Workforce Development
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
Tata Electronics, NIELIT Kohima Launch Semiconductor Skilling Push in Northeast
Tata Electronics has signed a strategic Memorandum of Understanding (MoU) with NIELIT Kohima, now a Deemed-to-be University under the Ministry of Electronics and IT,...
How States Are Rebuilding India’s Employability System
Across India, state governments are overhauling employability systems to match the pace of industrial expansion, foreign investment, and rapid technology adoption. The new focus...
KNOLSKAPE Warns of AI Talent Crisis in Industry
A new report by KNOLSKAPE reveals a growing urgency among manufacturing leaders to address widening skill gaps in the sector. As factories shift to...
India to Upgrade 1,000 ITIs Under ₹60,000 Cr Plan
The Union Cabinet has approved a ₹60,000 crore plan aimed at upgrading India's Industrial Training Institutes (ITIs) to better align skilling infrastructure with emerging...
Govt-Swiggy Pact to Create 12 Lakh Jobs
In a significant move to bolster India’s gig economy, the Ministry of Labour & Employment signed a Memorandum of Understanding (MoU) with Swiggy on...
